The recent report from Wintermute, a prominent cryptocurrency market maker, outlines critical insights into the current crypto landscape. It details how recent liquidity challenges, particularly due to ETF outflows, concerns
The post Bitcoin to Hit $73K Before the Final Surge? Top Analyst Weighs In! appeared first on Coinpedia Fintech News Just a day after cryptocurrencies surged following President Donald Trump’s announcement of the US Crypto Strategic Reserves, Bitcoin took a sharp dive, dropping nearly 10% and erasing its earlier day gains to hit $83K. Meanwhile, crypto analyst Egrag Crypto warns that Bitcoin could fall even further, potentially reaching $73K by April 1st before making its next big move. Key Levels to Watch According to Egrag Crypto, Bitcoin is forming a Bearish Engulfing Candle on the 3-day timeframe, which could lead to more downside. This pattern was confirmed when Bitcoin fell below $90K, breaking a key support level. Meanwhile, if this trend continues, Bitcoin could first fall to $80.5K before testing the critical $73K level near a crucial blue channel, which may determine its next major move. #BTC : $73K by April 1st Before the Final Leg Up! I sometimes take risks with time predictions , but I believe it's worth sharing, even if it could backfire! Currently, #BTC is forming a potential Bearish Engulfing Candle on the 3-day time frame. This could trigger further… pic.twitter.com/fAXT3Zi65c — EGRAG CRYPTO (@egragcrypto) March 4, 2025 Adding to the concerns, the Moving Average Convergence Divergence (MACD) remains in a bearish trend, suggesting that Bitcoin could still face more downward pressure before any bullish recovery. Short-Term Dip or a Buying Opportunity? However, not all indicators suggest further declines. The Relative Strength Index (RSI) shows that Bitcoin is nearing oversold levels, which could increase the chances of a rebound if buying pressure returns. Looking at historical trends, Bitcoin has often experienced temporary pullbacks before resuming its uptrend. A drop to $73K may not signal a bearish shift but could instead act as a final accumulation phase before the next surge. The blue channel, as highlighted by Egrag Crypto, remains a crucial factor in determining the strength and duration of this market trend. If Bitcoin manages to hold above this level, it could pave the way for the next phase of the bull run.
In a swift and dramatic reversal, crypto markets have shed hundreds of billions of dollars in the space of just one day, raising questions about the sustainability of recent gains spurred by the surprise announcement of a new US Crypto Reserve. At the peak of the initial rally—shortly after former President Donald Trump’s Sunday statement unveiling the Reserve—total crypto market capitalization soared from approximately $2.7 trillion to $3.1 trillion. But, as of the latest readings, those gains have not just evaporated; the market now stands at around $2.6 trillion, even lower than it was before the announcement. Why Is Crypto Down Today? “The real driver here is the GLOBAL move towards the risk-off trade,” writes The Kobeissi Letter (@KobeissiLetter) via X. According to this analysis, heightened trade war tensions and broad economic policy uncertainty have caused “ALL risky assets” to retrace sharply, including stocks, oil, and crypto. By contrast, traditional safe havens such as gold have continued to post gains, reinforcing the perception that cryptocurrencies are far from being a refuge in turbulent times. Related Reading: Flash Crashes On The Rise: Understanding The Recent $300 Billion Crypto Drop This sudden downturn has been accompanied by staggering figures. “Over the last 24 hours, crypto has erased -$500 BILLION of market cap in a massive reversal,” The Kobeissi Letter notes. Bitcoin, which initially appeared poised for a major rally, has tumbled roughly 3% below its pre-announcement levels, losing nearly $250 billion in market value in just 12 hours. Ethereum (ETH) has seen an even sharper retreat. Prior to the US Crypto Reserve news on Sunday, ETH touched a local low of $2,173 on March 2. Soon after the announcement, it climbed to $2,550 before plunging to $2,002—about 8% lower than its pre-announcement bottom. “This came with a huge swing in sentiment in what appears to have been a colossal retail trap,” The Kobeissi Letter adds, noting that the Crypto Fear & Greed Index surged from around 20 (extreme fear) to nearly 55 (close to greed) before cratering back to the low 20s. Adding to these signals, the final week of February registered a record $2.6 billion in crypto fund outflows—an alarming statistic that surpassed the previous high by $500 million. Observers suggest that, despite the “most bullish announcements ever,” capital is rotating out of cryptocurrencies primarily because of intensifying macroeconomic headwinds. Related Reading: Crypto Market Sees Record Flash Crashes, What’s Going On? Meanwhile, safe haven assets continue to outperform. “Our premium members were buying gold for months,” The Kobeissi Letter indicated, referring to a strategy that saw gold purchases during January’s dip. Since the start of the year, gold has climbed around 10%, with analysts forecasting further upside. “We bought the dip into January and called for $2,850+. On Friday, we called for another higher low at $2850 and gold is nearing $2900+ again now,” the market commentary stated. Where crypto was once considered an emerging hedge against economic uncertainty, current market behavior suggests it is now lumped in with other “risky assets,” driven at least as much by global sentiment shifts and macroeconomic pressures as by sector-specific developments. At press time, Bitcoin traded at $83,594. Featured image from Shutterstock, chart from TradingView.com
Bitcoin (BTC) and Solana (SOL) once again in the spotlight as it surges toward new all-time highs. This bullish momentum has investors looking for the next altcoins poised for explosive growth. While XRP remains a strong pick, a handful of altcoins, including OFFICIALMAGACOIN could deliver 10x gains or more in the coming months. Why OFFICIALMAGACOIN Stands Out from the Crowd Exclusive Early-Stage Investment Unlike MATIC, ETH, APT, and INJ, which are already widely available on major exchanges, OFFICIALMAGACOIN is currently in its presale phase. This exclusive availability offers early investors a massive advantage before mainstream adoption kicks in. High-Upside Potential at a Low Entry Price Priced under $0.20, OFFICIALMAGACOIN presents one of the best risk-to-reward ratios in the market. Many experts believe this early-stage gem could replicate the growth of Bitcoin’s early investors. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN N OW! How OFFICIALMAGACOIN Compares to Other Top Altcoins Bitcoin (BTC): The leader, but 10x growth is unlikely at this stage. XRP: A strong performer, but not an early-stage opportunity. Polygon (MATIC): A top Layer-2 network but already well-established. Ethereum (ETH): A market leader but faces increasing competition. Aptos (APT): A promising blockchain, but not as exclusive as OFFICIALMAGACOIN. Injective (INJ): A growing DeFi powerhouse, yet OFFICIALMAGACOIN offers more early-stage potential. Act Fast Before Prices Skyrocket! With over $3 million already raised, OFFICIALMAGACOIN is gaining rapid traction. As more investors pile in, prices are expected to climb, making this a rare opportunity to get in early. LIMITED TIME ONLY! USE PROMO CODE MAGA50X TODAY FOR A 50% EXTRA BONUS! Get a 50% Bonus with Code MAGA50X! For a limited time, investors can increase their holdings by 50% using promo code MAGA50X , making this the perfect time to invest. Website: OFFICIALMAGACOIN Twitter/X: https://x.com/officialMAGAx Continue Reading: XRP’s Road to $10: Bitcoin & These 5 Cryptos Are Poised for Monumental Growth
Will the SEC’s Crypto Task Force bring real clarity—or just more confusion?
Prime Minister Phạm Minh Chính has charged the Ministry of Finance and the State Bank of Vietnam with finalizing crypto regulations.
As the crypto market faces a sharp downturn, investors are eyeing the best crypto coins to buy during the dip and hold for long-term profits. Historically, market dips have presented lucrative buying opportunities, especially with speculation that President Trump could push for zero capital gains tax on cryptocurrencies. If implemented, this policy could trigger a strong rally. In this article, we explore the top four crypto coins you can buy during this dip and hold for the long term. Best Crypto Coins to Hold Amid Trump’s Zero Capital Tax Gain Rumor Speculation is rife that the Trump administration is considering implementing a zero capital gains tax policy on cryptocurrencies. According to analyst Mike Alfred, this tax change will be announced on Friday during the first White House Crypto Summit. If this tax policy passes, it would bring more US investors into the crypto space. This would stir gains for many crypto coins. T he speculation around this development is a bullish catalyst, making now the right time to pick the following four altcoins and hold them for the long term. Ripple (XRP) Ripple (XRP) has some strong fundamentals that make it one of the best crypto coins to hold. President Trump has announced that XRP will be included in the US crypto strategic reserve. Ripple CEO Brad Garlinghouse has also said that he will be in the White House on Friday where he will “continue to champion” for Ripple. Attorney Jeremy Hogan also anticipates that the SEC vs. Ripple case will end between April and May , which may be another catalyst for growth. Technically, XRP seems ready for a bullish reversal due to the green AO histogram bars. It has bounced off a key support level of $2.14 and continued to trade above the 200-day EMA. A successful retest of the $2.83 resistance level could pave the way for a move toward $3.40. XRP/USDT: 1-day Chart Solana (SOL) Solana is also one of the top crypto coins to hold due to strong fundamentals and a strong technical outlook. Solana is the second-largest blockchain after Ethereum by DeFi TVL. The US government will also start buying SOL if Congress approves Trump’s plans for a crypto reserve. SOL price is also forming a potential double-bottom pattern around the $132 support level. If buyers regain control and Solana price flips resistance at the neckline of $179, it will confirm a bullish Solana price forecast and spark a rally towards $300. SOL/USDT: 1-day Chart Dogecoin (DOGE) Dogecoin price has re-entered the demand zone suggesting a possible reversal. The RSI is near oversold levels indicating seller exhaustion. If demand strengthens, DOGE price could bounce toward $0.33. DOGE also has strong fundamentals that make it one of the top crypto coins to hold. Cardano founder Charles Hoksinson has teased Elon Musk about integrating the meme coin on X for payments. This may be a catalyst for price growth. DOGE/USDT: 1-day Chart Pi Network Pi Network token has been performing well in contrast to the broader market. For instance, despite the recent downturn, the token has surged by 4% and outpaced Hedera by market cap . A tax relief for crypto investors in the US could also bode well for Pi Coin as it is already receiving adoption. Recently, Florida-based Zito Realty accepted Pi Coin as a means of payment. There is also speculation that Pi Coin could be listed on the Binance exchange, which could spark massive gains. Final Thoughts on the Best Crypto Coins to Hold As speculation around Trump’s rumored tax relief for crypto investors grows, XRP, SOL, DOGE, and Pi Network are the best crypto coins to hold for long-term profits. These altcoins have strong fundamentals and a bullish technical outlook. The post Top 4 Crypto Coins to Hold For Long-Term Profit Amid Trump Zero Tax Gains Rumor appeared first on CoinGape .
The Bank of Israel has released a preliminary design for the digital shekel, detailing its ecosystem, technical framework and regulatory considerations.
$1 billion hit in crypto liquidations as digital assets trade in red
If you're evaluating the Solana price prediction and wondering if it's the next big opportunity for 2025, let me be direct: Dawgz AI is the leading coin in the market right now. Dawgz AI is the most promising crypto today and is equipped with a team of advanced trading bots designed to help you explore opportunities while still securing significant returns. Forget the noise surrounding the Solana crypto price prediction, this is where the real profits are. Are you ready to elevate your investment game? Dawgz AI is the coin that will guide you to impressive returns, making every step count. Let’s start maximizing those profits today! The Solana Story Solana has been gaining significant attention with its impressive performance. Fast transactions? Check. Low costs? Absolutely. While Solana excels in terms of speed and efficiency, the real question is whether it can maintain sustainable growth and deliver long-term returns. Let’s analyze the key factors: Solana’s Fast Transactions Solana was designed with speed in mind, and it delivers impressive performance. Its transaction times are exceptionally quick, providing a notable advantage. However, the real question is whether it can maintain this level of efficiency when faced with market fluctuations. While Solana is currently ahead in terms of speed, it faces growing competition that could challenge its position. Enter Dawgz AI, a rising contender that is bringing a new level of innovation to the table. Dawgz AI – The Underdog with Serious Potential Alright, let’s talk about Dawgz AI. Picture this: a meme coin with utility, powered by AI trading bots that work around the clock to sniff out gains. Sounds good, right? But here’s the kicker: You can actually have fun while you’re stacking profits. Dawgz AI is that crazy combo of fun, meme vibes, and real profitability. Dawgz AI: Automated Bots That Deliver Real Gains With Dawgz AI, you’ll be leveraging automated trading bots that operate around the clock. These bots will work 24/7, consistently identifying and executing profitable opportunities. While Solana may excel in speed on the tech side, Dawgz AI offers something even more compelling: AI-powered trading bots that can pinpoint the most profitable trades, even while you're not actively monitoring the market. This is the ultimate win-win. You can relax and let the AI handle the heavy lifting while Dawgz AI continues to generate results. And we’re just getting started. Speed vs. Strategy: How Dawgz AI Outshines Solana So, here’s the deal: Speed is cool, but what happens when you need a strategy to win the long game? According to Wolf’s Crypto Den , this is why Dawgz AI outshines Solana: Dawgz AI Long-Term Advantage Solana may be fast, but it can sometimes be prone to market distractions, like a sudden shift in momentum or external factors that disrupt its performance. The speed is an advantage; maintaining consistency over time is what really matters in the world of crypto. In contrast, Dawgz AI's trading bots are designed with a long-term strategy in mind. These bots are constantly analyzing the market, making calculated decisions, and staying focused on the bigger picture. They are not just reacting to short-term trends but working methodically towards sustained, profitable growth. Feature Solana Dawgz AI Price $161.24 $0.0029 Market Cap $81.85B $2M (Raised) Max Supply ∞ 8.888B Current Supply 507.65M SOL In Progress Utility Blockchain, Smart Contracts Meme Coin with AI Utility Staking Rewards Yes Yes (ETH staking) Transaction Speed High Variable AI Trading Bots No Yes Presale Yes Ongoing Community Engagement High Viral TikTok Challenges Staking Rewards Let’s talk passive income, the sweet rewards you get for just chilling with your crypto. Dawgz AI offers some great staking rewards for ETH holders. And, trust me, you want to stake your $DAGZ tokens early to get in on the highest APY possible before the price goes up! You just sit back and let the rewards roll in. Dawgz AI vs. Solana’s Staking Game Solana’s staking might be okay, but Dawgz AI takes it up a notch. The APY for staking $DAGZ tokens is competitive, giving you the chance to receive even more passive income. Pro Tip: Stake your $DAGZ tokens early for some high APY before the price is up! Dawgz AI’s Presale Momentum Dawgz AI is the next big crypto right now. It is hot on the market, and the presale momentum is off the charts. Over $2.3M has already been raised, and the next target is $2.6M. The price is going up soon, so if you want to catch that moonshot, now’s the time to jump in. The community’s preparing, and the momentum is only picking up speed. How Dawgz AI’s Presale Is Gaining Attention Dawgz AI’s presale isn’t just about the funds; it’s about the hype. When the Dawgz AI team drops a new update, the crypto world follows. And let’s not forget about the viral TikTok challenge the community pulled off, which boosted the presale by 15% in a week. That’s how you build buzz and get serious traction. Fun Fact: Dawgz AI’s community once did a viral TikTok challenge, boosting its presale by 15% in a week! Dawgz AI Tokenomics Besades all great features. Dawgz AI has one of the best tokenomics out there. The total supply is 8.888B tokens, with 30% allocated for presale, 20% for staking rewards, and 10% for liquidity. The Dawgz AI Tokenomics Breakdown This tokenomics structure gives Dawgz AI the edge when it comes to scaling up. The high presale percentage means the project can build a strong base while the liquidity and staking pools keep things flexible for investors. Which crypto will 100x by 2025? If you're looking for the best crypto to buy now , it’s Dawgz AI. Forget about all the other coins playing catch-up. Dawgz AI’s got real utility, with 24/7 trading bots and staking rewards that will have you racking up those profits. This meme coin isn’t just for laughs; it’s here to deliver serious returns. Trust me, you want to be in on Dawgz AI now before everyone else realizes it’s the one to watch. Which crypto has big future? No doubt about it. Dawgz AI is the next big crypto. It’s not just a meme coin; it’s the complete package, blending fun with massive growth potential. With powerful AI-driven trading bots and juicy staking rewards, Dawgz AI is built to stand the test of time. Solana might have its speed, but Dawgz AI’s got the strategy to make your profits howl at the moon. If you’re looking for something that’ll give you serious ROI while keeping it fun, Dawgz AI’s where you should bet your chips. Don’t sleep on this one! Conclusion When it comes to Solana Price Prediction 2025, there’s a lot of excitement. Some are even talking about a Solana price prediction $1,000. But here’s the deal: Dawgz AI has a brighter future ahead. With 24/7 AI bots, staking rewards, and crazy momentum, it’s set to outperform Solana in the long run. Sure, Solana has speed, but Dawgz AI has the game plan and the heart. So, while Solana might reach a high, Dawgz AI is where the real profits will be. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.